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Updated almost 5 years ago on . Most recent reply

User Stats

12
Posts
11
Votes
Luis Pineda
  • New to Real Estate
  • New Jersey
11
Votes |
12
Posts

Rental opportunity in Middlesex County

Luis Pineda
  • New to Real Estate
  • New Jersey
Posted

Hey BP,

My wife was browsing on the real estate apps and she came across this property. Initially, I liked it for us as I saw it as a potential rental later down the line, but we aren't ready to move at the moment so I decided how about getting is a rental NOW. Based on the numbers I ran I would negative cashflow on it but I see some serious potential. I was wondering if anyone can run their own estimates as I am still new to investing and think that maybe I overestimated some numbers. Here's a link to the property.  https://www.movoto.com/home/32...

Any advice that someone can give me would be extremely helpful. Thanks in advance!

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